BUSINESS

Budget revenues collected by ANAF up by 11.2 pc

The budget revenues collected by the National Fiscal Ad­ministration Agency (ANAF) in the first nine months of this year totaled RON 114.6 bln, up by 11.2 per cent compared to the same period last year, Mediafax informs. The GDP share of the revenues collected by ANAF grew by 1.1 per cent compared to the same period last year.

“The level of budget revenues collected in the first nine months of 2011 is higher by 5 per cent compared to the level of revenues reported in the same period of 2008 – the year in which Romania registered the highest economic growth in the EU, by 14 per cent compared to 2009 and by 11 per cent compared to 2010, the situation being owed to the changes brought to the Fiscal Code and to the actions to combat tax evasion that ANAF and other state institutions jointly took,” ANAF President Sorin Blejnar stated.

The budget registered revenues of RON 76.8 bln in the first nine months of this year, up by 13 per cent compared to the same period last year.

Profit tax revenues grew by RON 148.1 M (+1.9 per cent compared to the same period last year), while income tax revenues grew by RON 332.5 M (+2.4 per cent). At the same time, VAT revenues stood at RON 34.08 bln, up by 25.3 per cent compared to January-September 2010. VAT revenues from internal operations grew by RON 8.1 bln (+27 per cent) compared to last year, while those from imports grew by RON 1.1 bln (+28 per cent). VAT rebates grew by 30 per cent compared to 2010, namely from RON 7.75 bln to RON 10.08 bln.

Excise revenues grew by 13.1 per cent to RON 14.1 bln in the first nine months of 2011, tobacco and cigarettes being the products that gave significant hikes in excise revenues.

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